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Title: Leveraged Bitcoin Traders Flushed Out In Epic Overnight Crash
Source:
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URL Source: https://www.zerohedge.com/crypto/le ... ushed-out-epic-overnight-crash
Published: Dec 4, 2021
Author: Tyler Durden
Post Date: 2021-12-04 17:54:46 by Horse
Keywords: None
Views: 303
Comments: 5
Buy the dip? The El Salvador President is... Poster Comment: SEE CHART.
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#1. To: All (#0)
Bloody Bitcoin: over 300.000 crypto accounts liquidating since yesterday The Truth of 911 Shall Set You Free From The Lie
Ah, YES. That's what it was. Margined accounts blowing up. Well, I for one am glad to see it! People doing margin with crypto are only serving as a crypto tax man for little people looking to simply invest by extracting fiat dollars from the crypto world, and that's not what it's there for. So good riddance to 410,000 accounts. Their getting flushed out and liquidated has created a great dipping buying opportunity for ordinary crypto people and I bought more last night as well.
Yes, I seized that opportunity to double my Bitcoin holdings. (Feels especially good because my first purchase was at or near the All Time High a few weeks ago.) Again, I appreciate your crypto insight that you share with us here.
I can recall the Hunt brothers trying to corner the silver markets using borrowed funds. They failed and lost their shirts in the process. ;) "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
Not much of a crash by bitcoin standards -- down about 16% from ~$57k. I've seen it break in half.
https://www.zerohedge.com/the-market-ear/cryptocrash
#2. To: Horse (#0)
#3. To: Pinguinite (#2)
#4. To: Pinguinite (#2)
Their getting flushed out and liquidated
#5. To: Horse (#0)
Freedom is a social skill.
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